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Paladin Energy Ord Shs T.PDN

Alternate Symbol(s):  PALAF

Metals & Mining Industrial Metals & Minerals
Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership in the Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its Patterson Lake South (PLS) Project hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit. The property comprises over 17 contiguous claims totaling 31,039 hectares. Its exploration projects include West Cluff, Larocque, Seahawk, Merlin, Corsair, Typhoon, Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada.


TSX:PDN - Post by User

Paladin Energy Ord Shs
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Comment by kojack1on Mar 12, 2013 7:59pm
270 Views
Post# 21119371

debt repayment

debt repayment

News in Australlia for those that are always dwelling on debt.

13 March 2013

ASX Market Announcements

Australian Securities Exchange

20 Bridge Street

SYDNEY NSW 2000

By Electronic Lodgement

Dear Sir/Madam

Repayment of US$325M Convertible Bond

Paladin Energy Ltd (Paladin) is pleased to advise it has repaid in full the outstanding balance of the

US$325M Convertible Bonds (ISIN: XS0349087451) issued 11 March 2008, which were listed on

the Singapore Exchange Securities Trading Limited. US$191M of this was previously repaid via a

Tender Buyback which settled 29 May 2012.

The outstanding balance of US$134M was repaid on 11 March 2013 (the Maturity Date).

Yours faithfully

Paladin Energy Ltd

JOHN BORSHOFF

Managing Director/CEO

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